The President is being disingenuous. When you consider that the Democrats were in charge of regulating Fannie and Freddie, insisting they were fine when the Bush administration tried to rein them in, and the fact that the Democrat controlled House (which writes the budgets) and the Senate have been controlled solely by Democrats for the last four years, you have to conclude that it was the Democrats that dug the ditch the economy fell into.
-Proof
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